With the format "China Market Insider" PROCESS Worldwide regularly reports on the Chinese chemical and pharmaceutical market. (Source: ©sezerozger - stock.adobe.com)
China Market Insider

New PTA Production Plant into Operation

Hengli Petrochemical started up the world's largest stand-alone pure terephthalic acid (PTA) production plant at the end of June. According to PROCESS China, the new PTA-5 plant has an annual capacity of 2.5 million tons and is ready to be the third new plant to be started up in China this year.

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Signing Ceremony: (From left to right) Toyo President & CEO, Haruo Nagamatsu and JGC Holdings President & COO, Tadashi Ishizuka. (Toyo Engineering)
EPC

Toyo Engineering Partners with JGC for Fuel Ammonia Plants

Under an alliance agreement signed between both the companies, Toyo Engineering and JGC Corporation will together undertake EPC projects for fuel-ammonia manufacturing plants and ammonia receiving terminals in Japan. The Japanese Government’s goal of realizing carbon neutrality by 2050 and fuel ammonia being seen as a decarbonized fuel across the globe has led to the formation of this alliance.

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